Shares of Nike Inc. slid after hours on Thursday after executives at the sneaker giant warned that its current quarter could take the biggest hit from its turnaround efforts, as it tries to clear out… [+247 chars]
Nike beats on earnings, but warns the toughest stretch of its turnaround is ahead - MarketWatch
Company forecasts a sales drop in the fourth quarter, as it offloads old sneakers and braces for tariffs
By:Bill Peters
Source:MarketWatch
Published:
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